Loan Officer Assistant

Novus Home Mortgage; Easton (Northampton County); On-site; Full time

Job summary

A leading company in the mortgage industry is seeking a Loan Officer Assistant in Easton, PA. The role involves prequalification assessments, loan structuring, and communication with realtors. Ideal candidates will have strong knowledge of mortgage products and excellent communication skills. This position requires regular travel and offers a competitive pay rate plus commission.

Qualifications

• Strong knowledge of mortgage products including Conv, Fannie Mae, Freddie Mac, FHA, VA.
• Must reside in PA, NJ, or NY for regular travel to the office.

Responsibilities

• Conduct prequalification assessments, reviewing borrower credit, assets, and income.
• Serve as the main point of contact for realtors during the loan process.
• Maintain communication with loan processors, realtors, and clients.

Skills

Bilingual

Communication

Organizational Skills

Multitasking

Tools

Encompass

Job description

Novus - Easton, PA
2240 Northampton St
Easton, PA 18042, USA

Novus - Easton, PA
2240 Northampton St
Easton, PA 18042, USA

Client Prequalification & Loan Structuring

• Conduct prequalification assessments, reviewing borrower credit, assets, liabilities, and income.
• Analyze income documents (W-2s, tax returns, pay stubs, bank statements) to calculate qualifying income for various loan products.
• Determine loan eligibility based on program guidelines and lender overlays.
• Advise borrowers on available loan options and assist in structuring their mortgage applications.
• Collect and review initial documentation to ensure completeness before submitting the loan file.
• Verify product guidelines with the ability to run AUS applicable to product.

Realtor & Referral Partner Communication

• Serve as the main point of contact for realtors during the prequalification and loan process.
• Provide real-time loan updates and answer financing-related questions for realtors and borrowers.

Operational & Administrative Support

• Ownership of all work prior to application submission, ensuring the file is fully prepared before processing.
• Assist in ensuring all prequalification documentation is uploaded, reviewed, and organized.
• Maintain communication with loan processors, realtors, and clients to ensure smooth loan flow.
• Lock loan files and communicate confirmed pricing to all applicable parties.
• Maintain and monitor contract commitment dates and lock expiration dates

QUALIFICATIONS

• Strong knowledge of mortgage products (Conv, Fannie Mae, Freddie Mac, FHA, VA. Knowledge of USDA is preferred, including knowledge of Down Payment Assistance (DPA) programs.
• Knowledge of Encompass loan origination software is a plus.
• Fluently Bilingual; Preferably in Spanish or Russian

COMPETENCIES

• Excellent communication and relationship-building skills with realtors and clients.
• Strong organizational skills with high attention to detail.
• Ability to multitask and work in a fast-paced, high-volume environment.

Must reside in PA, NJ, or NY for regular travel to the office.

20% Travel

Disclaimer: The job description is not a complete list of duties. The Loan Officer Assistant may and/or will be required to perform other functions as asked by management. The Loan Officer Assistant must be self-sufficient and show the initiative to self-educate industry product and program guidelines.

Pay rate for this position is $20.00 per hour plus commission structure.

Qualifications

Skills

Behaviors

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Motivations

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Education

Experience

Licenses & Certifications

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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